Total Benefits Outsourcing

From design to delivery, our unique combination of premier benefits consulting and best practice administration across retirement and health care provides a complete total benefits outsourcing solution. By partnering with one organization to administer all of your benefits, you can streamline benefits administration, resulting in smoother service delivery for you and an enhanced experience for employees. As our client you’ll have a strategic partner – your Relationship Manager – and a service delivery team that will develop and implement a holistic strategy across your total benefits program. That single team will take your program from planning and implementation to ongoing administration and continual service enhancement.

More

Case Study

Simplifying benefits administration with total benefits outsourcing

Like many employers, a leading energy provider in the US Midwest was struggling with increasing challenges and costs of managing employee benefits. With the average tenure of its employees between 15 and 20 years, retirement planning was top of mind for employees and management alike. Consistent with the overall aging of the global workforce, the number of participants in this company's defined benefit (DB), defined contribution (DC) and retiree health plans would surely be increasing – with no signs of abating – and with it the associated administrative and cost burdens. Mercer had already been a trusted partner, providing consulting advice across multiple benefits programs. With the challenges ahead, we suggested that management explore the advantages of total benefit outsourcing (TBO).

Download PDF